Currently at resistance (white). As well, we have a diagonal resistance (green) coming up for RVN; personally I think the best long would be to wait for a breakout from that green diagonal and catch the retest (if it allows for it).
In weekly chart, raven has no room for correction.
It look like its finished. And we are seeing some volume coming in today.
$0.04 will be resistance. If it pass this level possible to launch a rocket. We'll see.
(I excluded scam wick from the count)
RVN looks really good for a bounce in the coming days/weeks.
Bullish divergences, slowing selling momentum, volume showing signs of accumulation, all indicating a bounce is just around the corner.
Entries in the 327-320 area.
1. 409 for a 25% move in the near term
2. 559 for a 70% move in the medium term
Daily candle close below 290 or any kind of...
Time will only tell, but as you can see, we have a repeating fractal pattern very similar to the previous pumps, and alignment with the Bitcoin price that could easily see us with a 250% move.
The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down...
RVN is going back to upper trend line of raising channel. RVN is ending ABC correction and perfert Buy zone is 618 retracement + it is support zone. Targets are basic Fib. retracements + double top ;) Stop Loss, Targets, Buy zone, Support, Important values you can see in chart ;)
Aktuelle September Kerze ist als Bullish reversal Kerze zu deuten. Die Preisaktion deviated unter das Range Tief der eingezeichneten Monatsrange (Kerzendoch unterhalb der Range)
Durch diese beschriebene Preisaktion entnehmen wir, dass Verkäufer ausgeschöpft sind und bald Expansion folgen wird in Form ein großen Kerze. Dadurch, dass der Preis...
Ravencoin has a fairly predictable pattern of creating sharp falling wedge and then breaking out of them violently. There was even another one that is not reflected on this graph as it happened before the coin was added to Binance.
I don't have time for a very long analysis but as a long time miner and holder of RVN it seems from my experience we are due for a...
It's not pumping like the majors yet, but this looks really nice for a bounce in the coming days.
The fact that it hasn't started the move up yet is why I entered.
Bullish divergences, shortening of the thrust, and slowing selling momentum all indicating a bounce is just around the corner.
Targeting 450 for a 50% move.
Raven $RVN getting setup in a descending wedge. Historically these have been explosive for this coin. The last large growth also happened in the midst of the bear season of 2019.
At this moment bitcoin just broke below 10k after a parabolic rise. Hopefully we get to lose some of that steam, and move sideways for alts like Raven to get the oxygen they need.
On my previous Raven USD idea I took a guess of where the long-trend channel was and during the BTC panic sell-off that just completed, Raven form a slightly lower channel and so, this is a corrected chart with a slightly revised channel upwards. Great BUY in my opinion.
Checkout my latest BTC idea below.